FirstFT: Oil jumps after Iran strikes Qatari LNG site
Also in today’s newsletter: Hormuz naval escorts and European private credit
Kirkland & Ellis, the gilded age
The firm becomes first to break $10bn in annual revenues while equity partners take home $11.1mn
Liberal Netherlands will play ‘active’ role in EU, says new PM
Head of latest Dutch coalition tells European leaders to ‘stop complaining’ and ‘maybe just do a better job’
BrewDog’s new owner seeks female drinkers to revive brewer
Irwin Simon said he ‘would love’ to see more women drinkers and dismissed health concerns over moderate alcohol consumption
Spain is a role model in weathering Iranian oil shocks
The country’s speedy rollout of renewables has put a lid on electricity bills
Iran sets its price to end the war
Islamic regime is digging in for a protracted conflict as it seeks to ensure the US and Israel will not attack again
Has Trump finally united Europe?
This week’s rejection of the US president’s Hormuz request is remarkable. But the EU is still at the mercy of events
Why bank cards may be heading the way of the cheque book
The £100 cap on contactless card spending is lifted today — but digital wallets matter more for future growth
Trump sails into battle with Lloyd’s of London
The market’s historic strength in marine war insurance is being challenged by the US
Economists have caught the AI bug
It’s expanding the scope of research but challenging the profession’s process of weeding out mistakes
Scale is not everything in asset management
Seeking size for its own sake can distract fund managers from focusing on clients and shareholders
US explored tying naval escorts in Strait of Hormuz to government insurance
Vessels seeking protection may be required to take out cover from programme run by Development Finance Corporation
When it comes to your pension, don’t believe the hype about private equity
Individual investors should be wary of the claims made — especially when they come from politicians
UK considers FOI clampdown as requests soar
Moves to tighten system likely to be met with resistance from campaigners
Calls for probe after ex-Army chief pressed minister to buy drones
Sir Patrick Sanders, an adviser to German start-up Stark, complained that the UK had no orders with the company
The 24 most breathtaking cinemas in the world
Fabulous fleapits, picture palaces and big screens, as selected by FT writers and contributors – and Jarvis Cocker
‘The Miniaturist’ author Jessie Burton: ‘I can’t claim to be a minimalist’
Each room of the brightly coloured south London home is a vignette: a crowded cabinet of curiosities and mudlarking finds that hold the secrets to her latest novel
A bacaro crawl of Treviso, Venice’s elegant, under-the-radar neighbour
It has canals, ancient palazzos and grand piazzas but for Marina O’Loughlin, the real draw is the array of traditional wine bars — and the snacks they serve
Rimless glasses have had a reinvention — is it working?
Brands from Ray-Ban to Cubitts are launching variations of the minimalist style for a younger and cooler shopper
Tired of sports betting? Take a punt on babies
A new generation of gambling games can change the way we think about the structures governing our world
Apple supplier Murata starts US-China rare earths decoupling
Japanese manufacturer joins companies rushing to insulate themselves from geopolitical risk
What happened to China’s fake Van Goghs?
Dafen once produced 60 per cent of the world’s new oil paintings — now this village of copyists is under threat
The News from Dublin by Colm TóibÃn — short stories to astonish and delight
Nine masterful tales chart unbreakable family connections — and complications — from Ireland to South America and Spain
European manufacturing misery? Some sectors have never had it so good
War, huh, yeah, whom is it good for?